241 -245 N Union Avenue, Los Angeles, CA 90026
Local realty services provided by:ERA North Orange County Real Estate
241 -245 N Union Avenue,Los Angeles, CA 90026
$4,495,000
- 0.66 Acres
- Lots / Land
- Active
Listed by: angelica gotzev, janet neman
Office: kidder mathews of california, inc.310-312-1800
MLS#:26857979
Source:CRMLS
Price summary
- Price:$4,495,000
About this home
Prime development opportunity consisting of two contiguous parcels located at 241 and 245 N. Union Avenue (APNs 5159-009-014 and 5159-009-013), totaling approximately 28,700 SF. Offered at $4,495,000, the vacant, fully demolished site is located in Historic Filipinotown, just south of Echo Park Lake.The RD1.5-1, Tier 2 property features valuable street-to-alley frontage and is currently fully entitled for an 18-home small-lot subdivision. The approved plans include approximately 31,243 SF of livable area and 42,568 gross SF, with contemporary three- and four-bedroom townhomes ranging from approximately 1,607 to 1,920 SF. Each residence is designed with private garage parking and a rooftop deck, with additional guest parking provided.The site has been completely cleared, eliminating demolition and tenant-relocation risk, and substantial entitlement, planning and design work has already been completed. Permit fees must be paid before September 1, 2026, to maintain the current approvals. The purchaser will also be responsible for posting the required bond for public right-of-way improvements.Conveniently located near Echo Park, Silver Lake, Downtown Los Angeles, Westlake and Koreatown, with easy access to the 101 Freeway. Available as an outright sale or potential joint venture opportunity....
Contact an agent
Home facts
- Listing ID #:26857979
- Added:32 day(s) ago
- Updated:August 08, 2026 at 01:24 PM
Structure and exterior
- Lot area:0.66 Acres
Finances and disclosures
- Price:$4,495,000
New listings near 241 -245 N Union Avenue
- New
$1,695,000Active8 beds 8 baths3,178 sq. ft.6826 Whitman Avenue, Van Nuys, CA 91406
MLS# CV26174973Listed by: COMPASS - New
$1,575,000Active7 beds 5 baths2,970 sq. ft.1558 214th Street, Torrance, CA 90501
MLS# DW26170287Listed by: VIP RE FIRM - New
$674,999Active3 beds 2 baths1,142 sq. ft.329 109th, Los Angeles, CA 90061
MLS# DW26171930Listed by: VIDA REAL ESTATE - New
$850,000Active3 beds 2 baths1,148 sq. ft.1534 213th, Torrance, CA 90501
MLS# IV26165579Listed by: RE/MAX HORIZON - New
$609,900Active2 beds 1 baths816 sq. ft.24524 Avalon, Wilmington, CA 90744
MLS# PW26175150Listed by: REO PRO REALTY - New
$2,590,000Active4 beds 3 baths2,450 sq. ft.3701 Royal Meadow, Sherman Oaks, CA 91403
MLS# SR26130601Listed by: KELLER WILLIAMS REALTY-STUDIO CITY - New
$250,000Active1 beds 1 baths565 sq. ft.12601 Van Nuys Boulevard #119, Pacoima, CA 91331
MLS# SR26146185Listed by: REAL BROKER - New
$699,999Active2 beds 1 baths1,610 sq. ft.7805 Arcola, Sun Valley, CA 91352
MLS# SR26160376Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - New
$869,999Active3 beds 2 baths1,760 sq. ft.7928 Owensmouth, Canoga Park, CA 91304
MLS# SR26171144Listed by: PARK REGENCY REALTY - Open Sun, 2 to 4pmNew
$369,000Active1 beds 1 baths610 sq. ft.5500 Owensmouth #218, Woodland Hills, CA 91367
MLS# SR26171555Listed by: RODEO REALTY